A Fed interest rate cut won't be coming until at least September, if at all this year, following a troubling inflation report ...

Federal Reserve Chair Jerome Powell says the US has made progress toward 2% inflation but isn't quite there yet during a House Financial Services Committee hearing.

Federal Reserve Chair Jerome Powell said Wednesday’s inflation report offers the latest reminder that the central bank has made “great progress” towards bringing inflation closer to its goal but, ...

Federal Reserve Chair Jerome Powell, appearing for a second day of testimony before Congress, said central bank officials remain in a wait-and-see mode when it comes to deciding where interest rates ...

By Howard Schneider WASHINGTON (Reuters) -Federal Reserve Chair Jerome Powell repeated on Wednesday that the central bank is ...

Federal Reserve Chair Jerome Powell said the latest consumer price data show that while the central bank has made substantial ...

Fed Chairman Jerome Powell said Wednesday that the January CPI data fit with an overall picture that the Fed is "close but not there on inflation." "Today's report says the same thing," he added. Last ...

Fed Chair Powell adds that the Fed wants to keep policy restrictive “for now.” Powell is giving testimony to the House Financial Services ...

The Fed chair's continued signals to delay policy easing sent 10-year yields higher, with money markets pricing in just one ...